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Published:

2018.09.27 15:27

Darvas_Box.mq5 (9.08 KB) view

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The Darvas Box indicator by Nicolas Darvas is a channel filter indicator.

The indicator has no input parameters.

Nicolas Darvas invested in stocks and traded the channel breakout (boxes determining the High and Low price areas over a period of time). A buy trade is performed when the volume increases and the channel is broken. Using this strategy, Nicolas Darvas earned two million out of 10 thousand of investments for a year and a half. Trading was conducted in a strongly bullish market.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21706

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